$3,150,000
For Sale

341 SE 2nd Avenue

Delray Beach, FL 33483
4960 sqft | #RX-11028670
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Investor's dream! Double lot gem (13,260sqft) and multiple use zoning in the booming SofA District in East Delray, just blocks from Atlantic Avenue and the beach. Rare CBD-RC zoning allows both residential and commercial use. New owner can build up to five floors for mixed use space. Current zoning allows for 30 units/acre. 70 units/acre allowed provided that the project contains 20% workforce housing. Light industrial, warehouse, and multi family use potential. Long term, month-to-month tenants in place providing the option for a steady revenue stream (please do not disturb tenants).

  • Interior Details
      • CoolingCentral Individual, Electric
  • Property Details
      • Square Feet4960
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1957
  • Community and Neighborhood Details
      • SubdivisionLINNS
    • Location
      • CountyPalm Beach
      • ZoningCBD-RC
  • Financial Details
      • Original List Price$3,150,000
      • Taxes Annual$17,610
  • Other
      • MLS #RX-11028670

Location

Legal

© BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: . Source: BMLS

Listing Courtesy
Listing Agent: Colleen Newland (#276544980)
Listing Office: Douglas Elliman (#276540760)

Mike MehdipourThe Mehdipour Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Company

Services

Explore

Account

    © 2024 Elite Properties & Investments. All rights reserved.
    Website built by CloseHack.

    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    © BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.